Whale withdrew TRON (TRX) worth tens of millions of dollars. Meanwhile, VC Spectra (SPCT) is predicted to rise 900 percent.
How did this whale’s action affect the TRON coin price? And how will VC Spectra (SPCT) experience this increase in valuation? Let’s find out.
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Summary
- TRON (TRX) is one of the altcoins to watch in 2024.
- VC Spectra (SPCT) is the best choice of investors.
Whale raided Binance for $194 million TRON (TRX)
On November 6, 2023, on-chain analytics firm Whale Alert revealed that 1.99 billion TRON (TRX) tokens worth $194 million on X were withdrawn to an unknown wallet.
One commenter wondered if TRON (TRX) was about to be upgraded. Another said they would just continue to observe.
However, one commenter posted a screenshot of a Binance X post with some information about what could be the reason for such a large transfer. In the post, the exchange said they were performing maintenance on their TRON (TRX) wallet and that large transfers should be expected. The post reads, “Rest assured, funds are SAFU.” It ended with the statement:
Following the announcement, the TRON coin price lost 2 percent, falling from $0.098 to $0.096 on November 7. Analysts cannot provide a direct link between the big transaction and the decline. However, some analysts believe that the decline is a minor price correction before TRON coin continues its upward journey.
These analysts may be right, as TRON (TRX) is currently trading at $0.100, 2 percent above the price on November 6.
Analysts predict that TRX price could reach $0.499 in 2024. In the coming year, they expect the TRON blockchain’s share in the stablecoin market to increase. TRON (TRX) currently has the highest USDT reserve. Moreover, the predicted 2024 bull run is expected to play a vital role in TRON reaching this price.
VC Spectra (SPCT) eyeing 900 percent gain as presale progresses
VC Spectra (SPCT) is poised for a 900 percent surge once its presale ends. SPCT, which was sold for $ 0.008 in the first stage of the pre-sale, will be $ 0.080 after the sixth and final stage. VC Spectra’s pre-sale is currently in its fourth phase, with SPCT selling for $0.066, 587.5 percent above the initial price. This promise of guaranteed price growth is why VC Spectra (SPCT) is the best crypto for beginners.
However, there are other reasons why VC Spectra (SPCT) favors startups. The platform offers them the best blockchain investment experience by doing all the hard work so that they can invest with peace of mind.
VC Spectra (SPCT) uses technology and experienced traders to select the most promising blockchain startups and the most profitable transactions. All beginners need to do is purchase the SPCT token.
The platform then invests the funds using tested and reliable trading strategies and a long-term and sustainable investment approach. All these actions combine to produce wide profit margins.
However, VC Spectra (SPCT) isn’t just for crypto newbies. Experienced investors who want to diversify their portfolios with minimal risk will find the platform suitable for their purposes.
They can invest in early-stage blockchain startups, specialized crypto niches, and engage in arbitrage trading. They can also stake and lend crypto assets.
In addition, token holders enjoy access to exclusive pre-ICOs, earn quarterly dividends and buybacks, and have voting rights.
With all this said, it is not difficult to see why VC spectra (SPCT) is investors’ best crypto to buy.
To learn more about VC Spectra (SPCT), visit:
- Pre-sale: https://invest.vcspectra.io/login
- Website: https://vcspectra.io
- Telegram: https://t.me/VCSpectra
- Twitter: https://twitter.com/spectravcfund
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